No, actually the company that produced it (Epitaph Studios) was bought by Event Horizon Productions in 1996, soon after it was published. About six months to a year later, Microsoft released AGE OF EMPIRES. We contacted them, showing that we had been on the market first, and that there might be some confusion regarding the titles, since they were both games.

The president of EHP accepted an offer from Microsoft which allowed them exclusive use of the name, in return for a certain amount of money. We were ordered to stop selling the product as a result.

No, they didn't buy the IP. But, the IP isn't owned by me any more, either. Not sure who owns it. It was part of Event Horizon, who was bought by Guardians of Order...but that was after the Microsoft thing, and after I left the company, so I don't know if GoO owns it now, or if it's owned by the former owners of Event Horizon ( including John Phythyon, who now works for Avalanche).

Besides, I really don't think there is a market. Castle Falkenstein is apparently being ressurected by R.Tal, the GURPS version is ongoing (not to mention GURPS Steampunk, etc.), and there are other games, like the Origins-nominated Terra Incognita from Grey Ghost, Forgotten Futures, Space 1999 (although it's going out of print again), etc. Plenty of games for a very small niche.